Reuters Market Eye - Shares in Tata Motors(TAMO.NS) gain 2.7 percent, tracking optimism ahead of its Jaguar Land Rover unit's wholesale volume numbers, which are scheduled to be released later in the day, dealers say.
Shares are also tracking a 3.4 percent gain in the company's American depository receipts (TTM.N) on Wednesday.
Nomura expects wholesales volumes to be higher, at around 32,500 units, due to new model dispatches, it said in a report.
Trending On Reuters
India has signed a pact with Boeing Co for purchasing four maritime spy planes at an estimated $1 billion, defence and industry sources said, aiming to bolster the navy as it tries to check China's presence in the Indian Ocean. Full Article